£176,804
This estimated value is based upon the latest sale price for the house of £97,000 on 24 Jul 2009. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £97,000 | 24 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,212 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in July 2009 the House Price Index for COUNTY DURHAM was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £97,000 results in an estimated price of approximately £176,804.
| 24 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £97,000 | £79,804 | £176,804 |
The Postcode Pricing Model uses changes in average sales price within the DL5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 35.564 % | £34,496 | £131,496 |
| 3 Month Average | 5.169 % | £5,013 | £102,013 |
| 6 Month Average | 9.228 % | £8,950 | £105,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £162,072 | £160,000 | 33 WELBURY GROVE |
| 3 Jul 2023 | £162,183 | £160,000 | 39 WELBURY GROVE |
| 2 Mar 2023 | £90,856 | £90,000 | 19 ST OSWALDS WALK |
| 16 Feb 2023 | £187,874 | £188,000 | 35 ST OSWALDS COURT |
| 10 Feb 2023 | £119,919 | £120,000 | 18 MELLANBY CRESCENT |
This house has a floor area of 112 sq meters or 1,212 sq feet when measured on 23 Oct 2008. Using an estimated price of £176,805 means this house is valued at £1,570 per sq meter (£145 per sq foot).
The average size of a house on WELBURY GROVE is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbury Grove |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near St Oswalds Court |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near St Oswalds Court |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near St Oswalds Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bulmer Close |